20689 State St #47West MansfieldOH43358
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in West Mansfield at 20689 State St #47, West Mansfield, OH, 43358 generates $0/mo in rent, after a $905/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.89% in year one, and rental yield is 0% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 43358, West Mansfield, OH area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,036 (100%) |
| Owner Occupied HU | 820 (79.2%) |
| Renter Occupied HU | 154 (14.9%) |
| Vacant Housing Units | 62 ( 6.0%) |
| Median Home Value | $215,064 |
| Average Home Value | $253,613 |
Housing Distribution
Address Breakdown
Residential
902
Single Family
902
Multi-Family
0
Businesses
28
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No similar rental properties found nearby.
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Listed by: Vicki Eisel Starinsky • Premier Properties Realty Group OH, LLC
Mls Name: Columbus and Central Ohio Regional MLS
Mls ID: #226000035